Construction of Finland’s first plant for the production of environmentally friendly hydrogen has begun

HELSINKI, January 20 (Reuters). Construction of Finland’s first commercial-scale green hydrogen plant began on Friday, its future operator P2X Solutions said.

So-called green hydrogen is produced using renewable energy to split water through electrolysis and is seen as a key energy source that could help Europe end its dependence on Russian energy and cut carbon emissions.

Many countries and companies have recently announced investments in green hydrogen production, but few of these plans are at an advanced stage.

P2X Solutions, a privately held Finnish company, said last year it would invest about 70 million euros ($76 million) in a 20-megawatt hydrogen and synthetic methane plant in Harjavalta, in southwestern Finland.

“Once completed in 2024, the P2X Solutions plant will open up a market for Finnish green hydrogen,” company chairman Esa Harmala said in a statement.

Last June, Finland announced plans to build a hydrogen transmission network to help cut carbon emissions and improve the long-term security of its energy supplies following its decision to stop using Russian gas due to the war in Ukraine.

“The actual construction of hydrogen projects that is starting here is part of the positive changes that are taking place in the energy industry, but which have so far been overshadowed by the energy crisis,” Finnish Economy Minister Mika Lintila said in a statement. laying the foundation of the object.

($1 = €0.9252)

Reporting by Anna Kauranen Editing by Frances Kerry

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